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Bitcoin Price Prediction – What Is BTC’s Next Step? Skyrocketing to $4,100 or Nosediving to $3,800?

Price Predictions
Thu, 03/21/2019 - 10:07
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Vera Yurina
Read Bitcoin price predictions for the following days. Find out what Twitter users think about short-term perspectives of BTC. Will it hit the $4,100 threshold or continu
Bitcoin Price Prediction – What Is BTC’s Next Step? Skyrocketing to $4,100 or Nosediving to $3,800?
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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After crawling to the $4,000 mark, Bitcoin didn’t hold there for long and took a step back. Now it’s stuck for a while, but Internet users are sure it won’t last long. So, what will be Bitcoin’s next move? Will we witness it breaking resistance and reaching the $4,100 level, or is it heading towards a downtrend? Let’s see what Twitter’s little birds tell us.

Bitcoin’s on the edge of the abyss?

Like any other currency, Bitcoin’s following certain paths, and using them to predict its future steps is not hard. Look at this chart:

Here’s more proof:

BTC is to make the last dash before plummeting

Even if it seems like Bitcoin is doomed to fall, there’s one positive fact: it might not happen right now, and there’s still a chance to sell your BTC riches.

Some users admit the last period was very important for Bitcoin, and it has yet to make its decision (which means, it might continue growing).

Here’s what we should keep in mind to foretell the fate of Bitcoin in the short term:

All is not lost – Bitcoin’s future can be interpreted in different ways depending on the patterns observed and periods compared. If you’re sure it’s to fall, start selling. But even if you don’t do it on time, don’t worry – BTC will surely raise from its knees after the upcoming fall. It always does.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions, can be contacted at vera.yurina@u.today